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Companies entered into subcontracting arrangements to continue certain development and manufacturing activities.
May 2, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Alkermes plc has completed the sale of its development and manufacturing facility in Athlone, Ireland to Novo Nordisk. In connection with the closing of the transaction, Alkermes will receive a one-time cash payment for the facility and certain related assets of approximately $91 million. “With the completion of the sale of the development and manufacturing facility in Athlone, Ireland, we delivered on a significant element of our multi-year program to drive operational efficiency and ...
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